The combination Near Protocol/Tether (NEAR/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 1.04 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 1.102 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘StochRSI %K falls below 0.8’ indicator signal is existing. The indicator is ‘StochRSI %K falls below 0.8’. which is often a bearish signal. The pair is likely to go down.
Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Furthermore a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.114 |
| 2nd High | 1.103 |
| Next High | 1.102 |
| Current Price | 1.051000000 |
| Next Low | 1.04 |
| 2nd Low | 1.025 |
| 3rd Low | 1.016 |
1.023 – 1.066 – 1.068 – 1.04 – 1.025 – 1.031 —
1.074000000 – 1.082000000 —
70.923167336873 – 54.061797199713 —
– —
1.023 – 1771484400
Trading Signals: CRYPTO – NEAR – NEAR/USDT – USDT – Three Black Crows – Double bottom retreat down – –